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Hoochie [10]
2 years ago
10

One of the potential benefits to a firm of introducing new-to-the-world products or services is:.

Business
1 answer:
EleoNora [17]2 years ago
3 0

One of the potential benefits to a firm of introducing new-to-the-world products or services is cost savings.

<h3>What is cost savings?</h3>

Cost savings are benefit that are derived from a production process.

They are generated from actions that reduce the overall spending on production or assets.

This has a positive impact on the company's account.

A new products is likely to run on a low budget compares other products with many competitors.

Therefore, One of the potential benefits to a firm of introducing new-to-the-world products or services is cost savings.

Learn more on cost savings here,

brainly.com/question/738615

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